Learn how academic and vocational training programs in Indian prisons help transform offenders, reduce recidivism, and facilitate their reintegration into society after re-lease.
India’s legal system is shifting to a victim-centered approach, utilizing victimology and re-storative justice through compensation schemes, legal aid, and support centers to prioritize healing over only punishment.
NFRA releases Audit Practice Toolkit focusing on Strategy and Planning to enhance audit quality, especially for small and medium practitioners in India.
ROC Chennai imposed maximum penalties on South Asian Financial Exchange Ltd. and its director for failing to file the 2014-15 annual return, following a Madras HC directive.
ROC Pune imposed ₹4 Lakh in penalties on Tech Spanner Info Private Limited and directors for violating Section 134(8) by misreporting the number of board meetings in annual returns across five financial years.
Victimology in India focuses on victim rights and recovery. Summary of legal framework (CrPC, BNSS), compensation schemes, theories, and rehabilitation centers like Sakhi.
SEBI faces hurdles in regulating financial influencers (finfluencers) with new rules curbing association with registered firms. Challenges include enforcement, ambiguity, and monitoring.
Sections 206AA and 206AB mandate higher TDS rates for recipients who fail to furnish PAN (up to 20%) or do not file an Income Tax Return despite high TDS/TCS (up to twice the normal rate or 5%). Higher of the two sections’ rates applies if both conditions are met.
Know the key provisions of Sections 194Q and 206C(1H) on TDS and TCS for sale or purchase of goods, including thresholds, rates, exemptions, and compliance rules under the Income-tax Act.
Know the differences between Sections 80TTA and 80TTB of the Income-tax Act. Learn eligibility, deduction limits of Rs.10,000 and Rs.50,000, applicable income sources, and rules under the new tax regime Section 115BAC.
